Recent figures released by the Real Estate Institute of New South Wales indicate that the market is on the rise in Sydney and its surrounding areas.
With homes being sold after being on the market for an average of 43 days, many of us believe this to be a positive sign. Twelve months ago, the average time for a home to sell was 58 days.
It’s been reported that in the Castle Hill area homes are being sold after an average 19 days on the market. In some cases homes are being placed under contract after the very first inspection or open home presentation.
Record numbers are attending open home displays. Not only are homes now on the market for less time, the value of the contract is also increasing with the rare situation of many people vying for the same property in Sydney.
Economists believe the reason for this increase in sales is due to the change of Government and the continuation of low interest rates. It is slowly becoming a sellers’ market.
Still Plenty of Good Property Out There
Don’t let these facts deter you from going out and searching for a new home says a spokesman from Prudential Real Estate. There are plenty of properties out there just waiting for a new owner to take them on and make them their own.
With five offices covering Sydney’s South West, we have this area under control. The principals of our business possess 25 years’ experience in this area which means 25 years of astute real estate Sydney knowledge just waiting to be tapped and taken advantage of when searching for your own private haven.
Prudential Real Estate have grown from a single office to five offices situated in:
• Macquarie Fields;
• Campbelltown; and
It’s easy to see this is no empty claim – we really do have the south west of Sydney covered.
Not Just for Buying and Selling
Prudential also offer top quality property management services. If you are in the market to become either a tenant or landlord in Sydney, we are able to assist.
With over 3,000 properties under management, we are the single largest provider of residential rental properties in South East Sydney.
Obviously, our Property Management team members are second to none, offering personalised service in assessing both property and prospective tenants with ease.
All of this leads to one thing. When thinking property in south west Sydney think http://prudential.com.au.